These days, I’m not really paying much attention to the ups and downs of the market; instead, I’m focused on the interest rate factor: when it tightens, everyone’s risk appetite shrinks, and when the on-chain lending collateral ratio fluctuates, the liquidation line immediately becomes very “close.”

My current position is based on risk control thresholds—I’d rather earn less than risk losing everything, and I want to have an escape route mapped out first.

Just now, I checked on-chain and saw that the health factor of a position with address 0x7a…c3 dropped from 1.18 to 1.06; I added some collateral to stabilize it.
My heartbeat really… Honestly, when macro conditions change, the first thing to get squeezed is leverage.

By the way, I’ve also grown tired of the back-and-forth about NFT royalties: creators want income, traders want liquidity, and in the end, the pressure is transferred to market sentiment.
When everyone pulls back, the most affected are those with high volatility.
Anyway, I’ve turned on all the liquidation alerts—sleeping well is more important.